StockNews.com Begins Coverage on Golden Minerals (NYSE:AUMN)

StockNews.com assumed coverage on shares of Golden Minerals (NYSE:AUMNFree Report) in a research report released on Monday. The firm issued a sell rating on the stock.

Golden Minerals Stock Performance

Shares of AUMN opened at $0.43 on Monday. The stock has a 50 day simple moving average of $0.47 and a 200 day simple moving average of $0.48. Golden Minerals has a 52-week low of $0.26 and a 52-week high of $2.44. The firm has a market capitalization of $6.23 million, a PE ratio of -0.46 and a beta of 0.26.

Golden Minerals (NYSE:AUMNGet Free Report) last issued its quarterly earnings data on Tuesday, May 14th. The company reported ($0.12) earnings per share (EPS) for the quarter. Golden Minerals had a negative net margin of 77.16% and a negative return on equity of 223.07%. Equities research analysts predict that Golden Minerals will post -0.41 EPS for the current fiscal year.

About Golden Minerals

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Golden Minerals Company, a precious metals exploration company explores for mineral properties in Argentina, Nevada, and Mexico. It explores for gold, silver, copper, zinc, lead, and other minerals. The company was formerly known as Apex Silver Mines Limited and changed its name to Golden Minerals Company in March 2009.

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